Property Information:
Welcome to Southeast Edmonton. Alberta is calling, so is this investment. 40 BEDROOMS+, 24 seperate LEGAL rental units and all with NO CONDO FEE. Each individual unit is designed to maximize returns and offers a unique blend of luxury finishes/features. These spacious homes consist of a main living area with 3 BED and 2.5 BATH, providing comfortable living spaces for residents. What sets these properties apart is the inclusion of a separate 2-bedroom legal basement suite, adding significant rental income potential to your investment. Additionally, there's a garden suite perched atop the detached double garage, offering even more versatility and rental income possibilities. And all this times 8 fee simple towns. This investment opportunity boasts an estimated 7% cap rate, making it an attractive choice for both first-time homebuyers and savvy investors. It promises to be a cashflow-positive investment. Don't miss out on the chance to capitalize on this prime real estate offering.
Courtesy of: Century 21 All Stars Realty Ltd
Data was last updated 2023-10-05 at 20:33
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Copyright 2023 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
